§ 4-9-511 — Secured party of record

Colorado § 4-9-511

• Jurisdiction: Colorado
• Title 04: Uniform
• Art.: Secured Transactions

Text

(a) A secured party of record with respect
to a financing statement is a person whose name is provided as the name of the
secured party or a representative of the secured party in an initial financing
statement that has been filed. If an initial financing statement is filed under section
4-9-514 (a), the assignee named in the initial financing statement is the secured
party of record with respect to the financing statement.

(b) If an amendment of a financing statement which provides the name of a
person as a secured party or a representative of a secured party is filed, the person
named in the amendment is a secured party of record. If an amendment is filed
under section 4-9-514 (b), the assignee named in the amendment is a secured party
of record.

(c) A person remains a secured party of record until the filing of an
amendment of the financing statement which deletes the person.

Legislative History

Source: L. 2001: Entire article R&RE, p. 1384, � 1, effective July 1.